Titan Pharmaceuticals, Inc. (OTC:TTNP) Trading at Its 52 Weeks Highest!

Las Vegas, NV -- (SBWIRE) -- 01/31/2013 -- Titan Pharmaceuticals, Inc. (OTC:TTNP) is trading at its highest in last 52 weeks. The company gained more than 14 percent today and is currently trading at $2.10, whereas company’s lowest traded value is $0.6 in last one year.

Titan Pharmaceuticals has declared today that the company is busy developing Probuphine. Probuphine is form of buprenorphine but will be having long lasting effect. The medicine will be implanted under arm and the medicine will be continuously releasing up to 6 months.

Probuphine has been received by FDA for review and it is expected that final decision will be announced in the end of April.

Buprenorphine has a strong market with sales exceeding $1 billion every year. But it is taken orally, which has its own flaws. Probuphine has an edge over buprenorphine as patients don’t need to remember every day to take it his pills.

To find out what OTCMAGIC projects for Titan Pharmaceuticals for both short term and long term please click here: TTNP

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